William F. Casey, III is a principal and senior financial advisor in the HBKS® Philadelphia, Pennsylvania, office. His distinguished career includes senior management positions at some of the most respected global financial institutions, including GMAC, Merrill Lynch, Salomon Smith Barney, Union Bank of Switzerland and Mellon Bank.
Bill has a technical background in global banking, asset and liability management, and investments, as well as vast administrative experience. His reputation for hard work and results-oriented pursuit, led to a variety of successful leadership assignments in Zurich, London, Brussels, New York, Toronto and Philadelphia. He joined HBKS® in 2017 as his firm, Locust Capital Management, merged with HBKS®.
Bill graduated from Lafayette College with a B.A. in economics/finance and from Temple University’s Executive MBA program. He is active in his community, volunteering his time as a board member for the Bacharach Hospital Foundation and Carson Valley Children’s Aid.
Have you always been interested in finance?
It started as a child. I had two paper routes, was an usher in a movie theater, and worked summers as a lifeguard at the beach. I always worked. When I was finishing college and interviewing with different industries, most of the opportunities were sales positions. But I wanted something that I thought would be more substantive, so I was introduced to the banking industry. With a degree in economics and a minor in finance, I was hired into a very well respected bank’s credit analysis training program. I became a financial institutions analyst, which led to a corporate loan officer position. I continued to use my analytical skills and migrated to a role managing client relationships. I then gained exposure to balance sheets, corporate structures, and some of the most interesting financing strategies when I moved to a role as an assistant treasurer of a Wall Street firm. I lived and worked in some great international cities.
These experiences ultimately led me to wealth management where I helped start an RIA. Today as a wealth advisor, I work less with corporations and more with individuals. The dollars may be smaller but are more critical because I’m dealing with people’s financial lives.
To what do you attribute the success you’ve experienced in your career?
I’m very competitive. I grew up playing sports and I still play squash. I guess I was driven to sports because of my competitiveness. Training and hard work are critical to being an athlete. As a result, I am extremely responsive to my clients. They have my cell phone number and I want them to know they can call me anytime.
I’ve always worked hard and that has resulted in promotions and advancement in the many roles I have performed. Chi Chi Rodriquez, a famous Pro Golfer, said that “the more you practice, the luckier you get.” I guess this is responsible for what I’ve achieved. Competitiveness, good training and hard work have made for a successful career in global finance, and now, wealth management.
What would you look for in a wealth manager?
Hungry and driven are two qualities that resonate with me. To me someone who’s self-made and self-driven. Work ethic is critical and I’d tell someone looking to hire a wealth manager to look for that in a resume and in an interview.
A genuine respect for the individual is also critical. My mentor, the son of a Chinese immigrant, taught me a lot about respect and managing relationships. Every day when I came to work, he’d ask me, “How can I help you today?” It was his leadership style – he felt like he worked for us, not the other way round – Management, as a relationship!
What is most fulfilling about your work?
Being a fiduciary, we are charged with treating our clients’ assets like they were our own. I take great pride in gaining the trust of our clients and helping them as their trusted advisor. I also enjoy running the office and mentoring our young professionals. There’s nothing more rewarding than contributing to a young professional’s development into an extraordinary contributor.
I sit on nonprofit boards and work in the community because giving back is a very important responsibility that was instilled in me at a young age by my family and then again by my mentor. He was so selfless and generous, and inspired me to be that way to others.
How would you describe the culture at HBKS®?
Prior to merging with HBKS®, our firm had a “no jerk” rule: no jerks as clients, employees or vendors. When we were entertaining merger partners, the same rule applied. The entire HBKS® family is wonderful. They treat everyone with respect, are extremely pleasant to deal with and leave their egos at the door.
Our Principal Group
- Christopher M. Allegretti, CPA Managing Principal and CEO
- Stephen C. Schramm, CFP®, CPA/PFS Principal, Senior Financial Advisor
- R. Dean Piccirillo, CFP®, CRPS®, AIFA® Principal, Senior Financial Advisor
- Richard C. Morrow, CPA, CFP® Principal, Senior Financial Advisor
- Gerald W. Hall, WMS Principal, Senior Financial Advisor
- Ryan Furtwangler, CFP® Principal, Senior Financial Advisor
- David Darwish, CFP® Principal, Senior Financial Advisor
- Scott Cross, CFA Principal, Chief Operating Officer
- Matthew Costigan, CFP®, CPA/PFS Principal, Senior Financial Advisor
- Quinto F. Ambrosetti, CFP® Principal, Senior Financial Advisor
- Christopher N. Sorce, CFP® Principal, Senior Financial Advisor
- Dan E. Baer, CPA, PFS Principal, Senior Financial Advisor
- James A. Arcoraci, CRPC® Principal, Senior Financial Advisor
- William F. Casey, III Principal, Senior Financial Advisor
- Augustine A. Repetto, MST, CFP® Principal, Senior Financial Advisor
- Brian Sommers, CFA Principal, Chief Investment Officer
- Gregory J. Sorce, CFP®, MSFS Principal, Senior Financial Advisor
- Steven Rinn, CFP® Principal, Senior Financial Advisor